Tool · Updated August 10, 2026
Coverage gap calculator
One calculation, in two columns: what your death would leave to be paid, minus what would be available to pay it. The difference is your coverage gap. No price is calculated here.
This tool does your own arithmetic, in your browser. It does not calculate a premium and it transmits nothing: no figure you enter here ever reaches us. The result is an estimate based on your numbers, not a quote. Learn more.
Every amount below is one you enter. The tool adds up two columns and subtracts one from the other: it shows no premium, no rate and no insurance price, and it names no insurer.
How this differs from a needs calculation. A needs calculation starts from zero and builds an amount. A coverage gap starts from what already exists and measures what is missing. The second exercise is the one that counts once you already hold group insurance, investments or an individual policy: the amount left to add is almost never the one you had in mind.
One caution about group insurance. According to the Autorité des marchés financiers (2026), the life insurance in a group plan is term insurance, in force for as long as you take part in the plan, and it usually ends if you change jobs or when you retire. It belongs in the resources column, but it is conditional on your employment.
The gap updates as you type.
Your coverage gap
Calculated from the amounts you entered.
Nothing to calculate yet. Fill in at least one amount in one of the two columns.
Your resources do not cover your obligations. The amount shown above is what would be missing. It would have to come from somewhere else: selling an asset, borrowing from family, or a sum paid to a designated beneficiary.
No gap based on your numbers. Your resources cover the obligations you entered, with the surplus shown above. Two useful habits: run the exercise again without the group insurance, which usually ends with the job or at retirement, and check how long each resource would actually take to become available.
Without your group insurance, the gap would be $0. That second figure is the one that would apply to you the day you changed jobs or retired.
Close this gap with quotes One request, with partners licensed in Québec. Free and with no obligation.
Sources for the public figures used
- No constant enters into this calculation: both columns are made up entirely of your own amounts.
- Retraite Québec, “The death benefit” — maximum of $2,500, cited for reference in the help text of the public benefits field (accessed August 2026): retraitequebec.gouv.qc.ca
- Autorité des marchés financiers, employment-linked group life insurance (accessed August 2026): lautorite.qc.ca
- Our detailed guides: group insurance through your employer and how much life insurance you need
This result is an estimate produced from the amounts you entered yourself. It is not a quote, not a price, and not insurance or personal finance advice. SoumissionVie.ca is not an insurer, not a firm and not a broker. Nothing you enter in this tool is transmitted, recorded or stored: the entire calculation runs in your browser.